$7,719 Closing Credit*
$650,000
2,031 SqFt
3 Beds
•2 Full Baths
Listing Office: BETTER HOMES&GARDENS RE MATURO
Is 08810, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 08810 was a Seller's Market.
Key Takeaway
08810 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 08810, NJ
How much do homes in 08810, NJ cost?
Median Sold Price
$580,450
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$45,450(+8.5%)
Key Takeaway
Homes in 08810 have sold for 8.5% more than they did a year ago.
Summary: The median home sold price in 08810 was $580,450 in November 2024, up 8.5% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $190K | N/A |
| 2 Bedrooms | $357K | $475.8K | +33.3% |
| 3 Bedrooms | $525K | $565K | +7.6% |
| 4 Bedrooms | $685K | $825K | +20.4% |
| 5+ Bedrooms | $1.5M | $991K | -36.1% |
Summary: 08810 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 20.4%, and 5+ bedroom homes decreased by 36.1%.
Housing Supply in 08810, NJ
How many homes are available in 08810, NJ?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 21 | -19.2% |
Summary: The 08810 real estate market had 21 homes for sale in November 2024, a 19.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 15 | 9 | -40.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 08810 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 3 | -66.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 08810, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 08810 in November 2024, down by 66.7% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for 08810, NJ
How long does it take to sell a home in 08810, NJ?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 22 Days | 69 Days | +203.3% |
Summary: Homes in 08810 had an average of 69 days on market in Nov 2024, up by 203.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 08810 has remained consistent over time.
Summary: During November 2024, 3 homes were sold in 08810; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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